FTM Technical Analysis
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Now, let’s dive into this chart analysis:
FFTM has shown a decent rebound after a 60% downtrend since May 2024.
The price is currently testing the resistance level at $0.55, where we have the primary resistance as well as the 35 EMA.
A breakout will likely continue the bullish move toward the upper resistance trendline at around $0.707. A rejection, on the other hand, will provide a good buying opportunity at around $0.432.
- Primary Resistance: $0.55.
- Mid-Resistance: $0.707.
- Higher Resistance: $1.242.
- Lower Support: $0.432.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
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#PEACE
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
FFTM has shown a decent rebound after a 60% downtrend since May 2024.
The price is currently testing the resistance level at $0.55, where we have the primary resistance as well as the 35 EMA.
A breakout will likely continue the bullish move toward the upper resistance trendline at around $0.707. A rejection, on the other hand, will provide a good buying opportunity at around $0.432.
- Primary Resistance: $0.55.
- Mid-Resistance: $0.707.
- Higher Resistance: $1.242.
- Lower Support: $0.432.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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